Manchester Victoria was named as the worst station
Transport chiefs said Manchester Victoria station could be "the jewel in the city's crown" after it was chosen to benefit from part of £50m funding.
The station was highlighted as the worst of 10 across the UK needing investment to carry out urgent repairs.
Councillor Keith Whitmore said the city centre station had lacked funding for years. Wigan North Western and Stockport will also receive funding.
The money will be spent on car and bike parking and shops.
Lord Adonis, Secretary of State for Transport, announced earlier the stations, seven of which are in the north west, which will be given the cash boost to improve public facilities.
Of those selected Manchester Victoria was deemed to be the worst.
A report by the Department of Transport revealed the stations, mainly Victorian buildings, had been "left behind".
All had customer satisfaction ratings of less than 50%.
Councillor Keith Whitmore, chairman of Greater Manchester Integrated Transport Authority, said: "Manchester Victoria has the potential to be a jewel in our crown.
"It is a fabulous building and a gateway in to Manchester, but it has been sorely lacking the right level of investment for many years.
"We have repeatedly called on the government to make this move so I am delighted that those efforts are now beginning to bear fruit."