Newspapers mention a theater (the Community) back in the 1920's and then another house being built in 1947 as being the "first" theater to be built there.
There is a "theater-looking" building near the corner mentioned in the article. However, there is also an empty lot on that corner. More research is needed.
From the History of Armada:
"In its heyday, the town of Armada boasted an opera house, a theater, seven grocery stores, a hotel and livery stable, three hardware stores, a lumberyard, a grain mill, two implement dealers, a bakery, five doctors and several blacksmiths."