For being a small place, it is great for some plays, as the space get's to be more intimate. No need to worry and fight for a good seat, you'll get to see the show where ever you are.
Place is new and has many things going on, so if you have time, enjoy!. The other plus, that you can take the light rail to get there.
Personally, I don't go to have a drink to a theater or a coffee, so I can't say much of their little bar.