[2] The theater, originally built in 1926 as a movie theater for the Yauco Moving Picture Company, is a two-storey Broadway-type eclectic-style structure with monumental Tuscan columns with Roman amphora crowns that support the rainbow arch and roof which extends over the structure's façade.

Although originally intended as a movie theater the venue soon became more popular in the 1920s and 1930s for zarzuelas, operettas and concerts by international musical artists such as by Argentine singer and composer Carlos Gardel.

The venue also became popular for political assemblies by figures such as Antonio Rafael Barceló and Luis Muñoz Rivera, and for poetry readings by figures such as Francisco Villaespesa, Luis Lloréns Torres, Evaristo Ribera Chevremont and José Gordils.

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