The Gaiety Theater was a stand-alone art deco cinema house located at M.H.

[1] The construction of these early theaters in the City of Manila provided the venue for early forms of entertainment like bodily , a local adaptation of vaudeville, with most eventually converting to movie theaters with the growth and popularity of Philippine cinema in the metropolis.

During the Second World War, its operation was stopped until Karl Nathan obtained permission from the Japanese authorities to reopen it, which at the time was owned by a prominent Filipino family with whom Nathan had struck an agreement, provided he could get the Japanese permit.

Tickets to this theater during the Japanese occupation were cheap as compared to other movie houses in downtown Manila.

The roof of the building collapsed years ago leaving the cinema house open to all weather elements contributing to its fast deterioration.