The one great thing about a laundry room is you do not need that much space. Convert a closet into your dream laundry room. A stackable arrangement conserves space but you can also install side by side washer & dryer with a counter top and cabinets above.
Linen Closet: Roll with It. Save space in a shallow linen closet by rolling up towels instead of folding them. Put lost space to use by installing towel racks on the back of the door to hang wrinkle-susceptible linens, such as tablecloths.