Storage Rules?

There’s been some discussion at my condo about storage space in the basement of our building. Does anyone know what can and can’t be used for space to store things (ie bikes and things like that)? I’ve heard that if it is a utility room it can’t be used at all. Unfortunately our basement is a series of 3 rooms one containing hot water heaters, one with gas meters and one for electric meters and Verizon phone lines. Would the size of the room change that or do we really have no option.