Abstract: A storage closet and rack apparatus for holding and storing fishing accessories. The storage closet and rack apparatus includes a housing. The housing has a back wall, a first side wall, a second side wall, a bottom wall, a top wall and a front side. The front side comprises a plurality of panels. The plurality of panels includes drawers, doors and a desk. The housing has a plurality of compartments therein. A portion of the compartments has fishing reel mountings therein. Each of the fishing reel mountings is coupled to a wall of the compartments. Each of the fishing reel mountings is adapted for holding a fishing reel. A pair of securing means releasably secures fishing poles to the housing. Each of the securing means is fixedly coupled to both of the first and second side walls of the housing.