The Fringe Club is housed in a cold storage warehouse built in 1890, which is a graded historical building. Since the Fringe Club took over the building in December 1983, the building had undergone many major renovations to provide a vibrant contemporary arts space. 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. The open access policy of the Fringe Club allows all artists, local and foreign, free use of the venues to produce cultural programmes and art festivals. In 2005, the club was used as the base for six art festivals. The Fringe Club also produces its own theatrical performances, art exhibitions and site-specific works with a Hong Kong heritage theme. Over the past two decades, more than 400 arts groups from Asia, Australia, Europe, North and South America have used its venues for cultural exchange activities.

The Fringe Club's 2005 CityFringe Festival put the spotlight on Seoul. The event is an urban culture festival, featuring local as well as international artists from a wide range of disciplines.