Tucked in the lee of the tunnel on Copacabana's busy Avenida Princesa Isabel, the narrow, modern 1960s façade hides one main stage showing a variety of performances (though more often than not modern revisits of old classics) and two further rooms currently undergoing a refit. Children's theatre and dance performances are also frequently put on at the weekends, but the Friday night show is the one that causes the roadblocks.

A fire in September 2011 destroyed all four floors of the building, and the theatre is currently closed until further notice.