Built in 1927, the historic Wayne Theatre was one of the last flat ceiling vaudeville houses left in the country whoch was first ran by the Koppin Vaudeville Circuit.
The theatre closed in 1930 due to the onset of the Great Depression, but reopened by 1931 with a greater focus on movies.
In 1951, the lobby was converted into a music store and the whole theatre was later converted into office space and retail shops.
In 1985, a fire destroyed the stores in the former lobby area.
In around 2001, the Wayne Theatre was in the process of being renovated and restored back into a theatre by the Palace Theatre Company/Wayne Theatre Corporation. Sadly, it was demolished in the summer of 2008.