Simple built-ins to create a mudroom or storage anywhere from a kids room to a laundry room by adding shelves or a deeper bench for sitting. Or instead of custom, buy two thrify store bookcases and paint them, bolt them to your wall and add wainscotting between them. Then pick up a thift store bench and cut it to fit. Add the hooks and you're set. - interiors-designed.com
Great example of a place to put items that come and go regularly (i.e. returns (to stores and other people), lost & found, donate. Also good to keep bottled water and overflow of items that you don't have storage for in the kitchen.