In recent years, however, the hostel’s future has at times been uncertain; it has changed ownership three times over the past decade.

First, it was transferred from the Sheridan Heritage Center, a local history preservation nonprofit, to a Cheyenne-based bank in early 2013. The heritage center has tried for years to transform the hostel from a crumbling relic into a functioning hotel, looking for a $1.8 million emergency. loan to repair the building’s compromised foundations and save it from collapse in 2008. However, the weight of this loan quickly became too much to bear and the bank seized the property. Shamrock Realty of Cheyenne listed the Inn for sale for $1.5 million in March 2013.

In September 2013, the inn was sold to Oklahoma-based couple Bob and Dana Townsend, the property’s current owners, who promised to follow the restoration and reconstruction plan originally outlined by the Sheridan Heritage Center. .

“Our names may be on the deed, but this building belongs to the community and the state, and we hope to be good stewards of it. We know what we do will make Sheridan proud of this inn. Townsend said The Sheridan Press when purchasing the building in 2013.

The Sheridan Inn reopened as a hotel and event space in 2015.

Now the property is for sale again. According to his SEO, the inn is being sold by Buffalo-based real estate company Forever Western Properties. The asking price is $4.25 million, which includes ownership of the nonprofit associated with the hostel and all furnishings.

The property’s broker, Nadine George, declined to comment on the current status of the sale for confidentiality reasons.

However, many of the inn’s iconic architectural features will remain unchanged for the new owners due to a historic preservation easement, said Carrie Edinger, historic program director for the Sheridan Community Land Trust.

The Sheridan Inn easement was first imposed in 2008 — making it the first historic preservation easement in Wyoming — to help ensure the architectural integrity of the building by prohibiting certain additions and renovations, Edinger said. The easement currently protects the inn’s Buffalo Bill Bar, registry office and mailboxes, stone fireplaces and exposed beams, and the inn’s signature 69 skylights – the windows that protrude from the wooden roof. slope of the building.

When the property is sold, Edinger explained, the preservation easement will be included in the deed.

Edinger said the easement will ensure the property will be properly preserved and remain a reminder of Sheridan and Wyoming history.

“The [Sheridan] The inn plays an important role in the building of the town of Sheridan but also in the expansion of the west with the railroad…” said Edinger. “It’s just a reminder of that time and all the changes that have happened.”