What makes a business address actually useful?

I came across IBC while researching how small businesses handle their workspace and business address needs, and it raised an interesting question for me.

With remote businesses becoming more common, does having a dedicated business address still make a meaningful difference? Or do customers mainly care about the quality of your service rather than where you're based?

I'd be interested to hear from freelancers, startups, and small business owners. Has having a professional address or meeting space ever genuinely helped your business?