After the building was no longer in use as an elementary school, the Board of Education used the facility as a storage and book depository until 1979.
Operating as a bed and breakfast, The Roosevelt Inn has fifteen rooms and wheelchair access.
A renovation of the bell tower took place in 2000, turning it into a two-story suite which looks out on Lake Coeur d'Alene.
In 2008 the basement of the school was renovated into a banquet hall and meeting facility capable of seating up to 50 people.
In 2012, the Roosevelt Inn was featured in the season 1 finale of the Fox television show Hotel Hell with Gordon Ramsay.