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.
Focal door. Place the emphasis on the entrance of your home by painting your front door a contrasting color from your house — it's the easiest and most inexpensive way to improve the exterior of your home. Bam! Instant character.