In the center of the Prescott, across from Yavapai County Courthouse sits the legendary Whiskey Row. A few decades ago, Whiskey Row was home to some 40 saloons.

Listed on the National historic register, The Palace opened its doors in 1877. It was a frontier saloon before Arizona became a state in 1912.

READ: You see the signs along the highway... "THE THING"

“It had a fire in 1883 but then the big fire happened in early 1900,” said Marshall Trimble, official Arizona historian.

Some say it was ‘The Great Fire’ that helped shape what Whiskey Row is today.

The Palace has transformed over the decades; it’s been a drinking hole to frontier settlers, cowboys and the most notorious of legendary gun slingers.

Once you step into the saloons swinging doors, you step back in time. The Palace is decorated with nostalgia of a bygone era; the staff even dresses in period attire.

“It’s a piece of history where Teddy Roosevelt, John Wayne, Doc Holiday and the Earp brothers all have consumed alcohol,” said Scott Stanford, manager of The Palace.

The current owners bought the Palace in 1990s. They kept the bar's name, restored it and its fixtures back to their original integrity. They also expanded, adding a restaurant and live events.

BONUS: More Great Arizona Stories

“It was a honky tonk for many years and pretty beat up, so we redid all the floors and basically restored it to its 1880s grandeur,” said Stanford.

The owners wanted to make sure the saloon was a place everyone could experience.

“We want kids and families to enjoy the bar, we’re family friendly and want everyone to enjoy the history,” said Stanford.

In 2014, USA Today listed The Palace as one of the top 10 historic saloons in the U.S. The bar recently surpassed a milestone not many establishments get to experience: an 115-year anniversary for the building.

Today, the saloon gets thousands of tourists and patrons every year. This historic watering hole has had its challenges and growing pains but it continues to be a one-of-a kind cornerstone.

PHOTOS: Great Arizona Stories