Multifunctional convertible furniture with shelf portion

A multifunctional furniture item adapted to be selectively convertible between at least two functional configurations, said furniture item comprising a base section, a top member, and a pair of generally vertical sides, said base section, said top member, and said sides defining a shelving unit having a shelf space therebetween, with a number of generally horizontal shelves disposed within said shelf space, said shelving unit having a movable frame portion and a movable extension portion, said movable frame portion including a face frame and said top member, said face frame having an upper end hingedly interconnected with said top member and a lower end hingedly interconnected with said base section, said movable frame portion being selectively and hingedly movable between a generally vertically-extending orientation when in a first of said functional configurations and a vertically-elevated generally horizontally-extending orientation when in a second of said functional configurations, said base section having a storage space therein, said movable extension portion being selectively extendable from said storage space and selectively retractable into said storage space when said movable frame portion is in said second functional configuration and being vertically supported by said movable frame portion when selectively extended and when said movable frame portion is in said second functional configuration in order to define an elevated horizontal surface extending outwardly from said shelving unit, said movable extension portion including a number of hingedly interconnected generally flat extension members, said extension members being hingedly unfoldable in order to be selectively extendable and hingedly foldable in order to be selectively retractable.