What is now known as the Palace Theatre was, at the turn of the century, Golden’s Grocery Store. In later years, it was home to Palfy’s Sheet Metal Shop. After the building was moved to Pioneer Park, the building became known as the Palace Saloon. As the years progressed, its name evolved into the Palace Theatre and Saloon. In 2005, the establishment discontinued serving liquor, and the name finally became the Palace Theatre.
The Palace Theater produces vaudeville-style shows that are performed at 6:45 pm and 8:15 pm every evening. The shows poke fun at early Fairbanks history and the pioneering lifestyle.