The first Königsstädtisches Theater was built by Carl Theodor Ottmer in Königsstadt [de], a former settlement neighboring Berlin that is today part of the boroughs of Mitte, Prenzlauer Berg and Friedrichshain, and opened in 1824.

[2] An Aktiengesellschaft from its inception, the theater had to rely on financial support by the King of Prussia.

[3] Involvement in the German revolutions of 1848–49 meant that the theater was closed in 1851 by royal decree.

The license then was sold to Franz Wallner [de], a popular actor, who used the name for his own Wallner-Theater until 1858.

In the following years, a number of different theaters used the name but none achieved any lasting success.