In the mid-2000s the city began negotiations with BNSF with the intent to purchase and rehabilitate the depot, which was largely empty and not well maintained.

The sale was finalized in February 2008 and the depot is now owned and managed by the Staples Historical Society (SHS).

Since then the SHS has undertaken a handful of important improvement projects, such as installing a new roof and repairing historic windows.

Ultimately the SHS hopes to restore the second floor so that it can house the Staples Historical Society Museum.

[3] The station is one of three in Minnesota and 78 across the Amtrak network listed in a 2021 settlement with the U.S. Department of Justice over inaccessible facilities under the Americans with Disabilities Act.