[4] On September 18, 2008, owner David Paradeau stated that the train would cease operation at the end of the year, becoming a stationary restaurant serving dinner along with the adjacent Stillwater Grill.
Paradeau cited the desire to retire, as well as a downturn in business and a $1.6 million loss within the last two years.
The Minnesota Department of Natural Resources has paved the entire route, starting from downtown Stillwater and ending at a junction with the Gateway State Trail.
In early 2013, Iowa Pacific Holdings purchased the train to use on their Rio Grande Scenic Railroad subsidiary.
[7] Today, the rail line has been converted into the Brown's Creek State Bike Trail and the old train depot is a live performance theater for downtown Stillwater named after its history- The Zephyr Theatre.