The colorful Watts Theatre in downtown Osage was a state-of-the-art facility when it opened in 1950. The original opening brochure highlights a number of unique features, from a cry room for little ones to a powder room for ladies to a heated sidewalk outside to melt snow and ice. After sitting empty for five years, local newspaper publishers restored and reopened the theatre in 1994.

The theatre changed hands again in 1998 and 2006; it has not only remained open through the transitions, but has seen a number of recent improvements including a new roof, equipment upgrades, and a second-story apartment now used as a viewing room and party facility. Its signature neon marquee was even restored in 2005.