Built soon after World War II in an Air Force community, it has been named a historic site because of its aviation-themed architecture.

Architects Lloyd Zeller and Herman Hunter designed the theater,[2] which is built of brick on a concrete foundation and covered with an asphalt roof.

Following remodelling, the theater ran until January 2000, when Chakeres ceased operating it; the company retained ownership until 2002, when it donated the building to a Fairborn arts organization.

Soon afterward, more than ten years of renovation began; carried on largely by volunteers with a small budget, renovations have included ridding the building of asbestos, roof maintenance, and removing the wall separating the two theater rooms to restore them to their original one-room format.

[6] Some of the estimated $5.5 million cost of restoring the theater was paid by the Ohio Department of Development, which in 2010 granted $48,000 American Recovery and Reinvestment Act money to the arts organization.