The Fringe Club is housed in a cold storage warehouse, an historic monument built in 1890. Since the Fringe Club took over the building in December 1983, it has undergone seven major renovations to provide a vibrant contemporary arts space. In 2001, the Fringe Club was given the Heritage Award by the Government for its innovative adaptive use of the historical building.

The Fringe Club has two studio theatres, three exhibition areas (including a photography gallery), a pottery workshop and showroom, a rehearsal studio, a restaurant, two bars, an outdoor cafe and offices. It runs a diverse programme of theatre, dance, music and holds exhibitions. The open access policy of the Fringe Club allows all artists, local and abroad, the liberty to produce various kinds of urban cultural programmes and art festivals. Throughout the year, it has been the base for six art festivals. The Fringe Club also has it own theatrical performances, art exhibitions and site-specific work with a Hong Kong heritage theme. Over the last two decades, more than 400 arts groups visited it from Asia, Europe and Australia. Hence, artists of different nationalities were able to develop their network and boost cultural exchange.

The club also has a number of cultural exchanges with Seoul Fringe Network. The Three Sisters, a theatrical production in three languages — Cantonese, Korean and Japanese — was premiered in Seoul in December 2003, Hong Kong in February 2004, and Tokyo in July 2004. It also presented local artists in the Seoul Fringe Festival in August 2004.