The tiny ColdTowne Theater is one of the most electric spaces in Austin, because the audience is practically on stage with the comedians. Here, local and touring improv, sketch, and stand-up comedians scramble to get their time in this highly coveted spotlight. Currently housed in a dark brick hole-in-the-wall next to I Luv Video on Airport Boulevard, the ColdTowne lobby is about twice as large as the couch-lined 30-seat theater. You're welcome to bring your own beverages into the theater. Just make sure you share with the performers upon request.