Saraton Theatre is a heritage-listed theatre at 95 Prince Street, Grafton, Clarence Valley Council, New South Wales, Australia. It now operates both as a cinema and a venue for live performances. The original 1926 building was designed by F. J. Board and built by J. Walters, while the 1940 interior was designed by George Rae and built by Goddard & Goddard. The property is owned by Notaras Bros Entertainment Pty Ltd. It was added to the New South Wales State Heritage Register on 9 June 2000.