The auditorium has been in continuous operation since 1919, making it one of the oldest arenas in the country. The arena contains 234 classic arena style box seats and a 4,000-square-foot (370 m2) art deco lobby. With chairs placed on the arena floor, the arena holds up to 7,000 seated for concerts depending on stage configuration. There are four large concession areas and a 150-seat restaurant. For concerts, remote beverage stations are added along with an old milk truck that has been restored into a "hot rod" style beer truck with 8 tappers. There are 6 large modern dressing rooms and 5 large box office windows.

The arena style auditorium, part of the National Cattle Congress complex, is used for trade shows, concerts, conventions, livestock shows, rodeos, meetings, sporting events and more. It housed the USHL's Waterloo Black Hawks from their inception in 1962 until Young Arena opened in 1994 and the Iowa Stars (1969-70) Central Professional Hockey League during the 1969-70 season. It also hosted the Waterloo Hawks of the NBL, NBA, and NPBL from 1948 to 1951.

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