The Fringe Club is housed in a cold storage warehouse built in 1890, that is acknowledged as a historical building. The building underwent many major renovations to make it a vibrant place for contemporary arts after the Fringe Club moved into the warehouse in 1983. In 2001, the building won the Government's Heritage Award 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, a roof garden and offices. It runs a diverse programme of theatre, dance, music and exhibitions. It is committed to an open access policy and to the nurturing of budding artists by providing venue, publicity support, as well as opportunities to go on tours overseas. In 2006, the club was used as the base for six art festivals. From time to time, the Fringe Club produces its own theatrical performances, art exhibitions and site-specific works with a Hong Kong heritage theme. During the past two decades, more than 500 arts groups from Asia, Australia, Europe, North and South America have used the premises for cultural exchange activities.

In 2006, the club presented the City Festival putting the spotlight on Singapore to promote cultural exchange advocated in the Memorandum of Understanding signed between the governments of Singapore and Hong Kong.