The house has plenty of 'storage'. [=the house has plenty of space in its closets, cabinets, etc.]
He kept his belongings 'in storage' [=he stored his belongings] until he found an apartment.
The table folds down 'for storage'. [=when you want to store it; when you are not using it]
(..) Actually, yes. I do. Well, I'm proud of you. Oh. Thanks. I'm glad I told you about the storage unit. Well, I feel closer to you now. Oh, I feel closer to you, too. You know, it's still a couple of hours until my bedtime. (..)2016 TvShow: The Big Bang Theory Title: The Solder Excursion Diversion Season: 9 Episode 19
(..) Interesting. I mean, it's not testicles on a cryostat, but I like it. Why do you have a storage unit? Just wait. How long have you had it? Just wait. Do you want me to hold that computer? (..)2016 TvShow: The Big Bang Theory Title: The Solder Excursion Diversion Season: 9 Episode 19