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Located next to the historic art deco Lakewood Theater and underneath the Balcony Club, this dive is popular among people in the Lakewood and Lake Highlands neighborhood. There's some café seating out front under the theater's marquee, but don't be disappointed -- there's no arcade inside. The long wooden bar runs the length of the establishment, and there's lots of seating available at the bar and at tables and chairs along the adjacent wall, which is decorated with old concert posters ranging from The Misfits to Jane's Addiction to Polvo. Arcade Bar offers weekly specials like Procession Mondays with $2 you-call-its all day, and karaoke on Tuesdays and Thursdays.