Good size room for any band or just you strumming a ukulele. Guitar and bass amps are waiting to be plugged into, so no need to lug any heavy gear. Full PA with floor monitors so you can hear yourself over the drummer... and there's a drum set too. :)
Live off-the-floor recording room with a 22 channel analog mixer pumped into a computer recording 22 separate tracks. Plenty of mics for anything that makes noise, and most importantly, a coffee machine and beer fridge.