My office is in walking distance of my home. I get great office perks (lunch, coffee, quality meeting rooms, good desk and workspace). And having a second space for work that is not my home is great for my mental health and WLB.
All of my meetings are still video conferences. Doesn't move the needle for me.
I choose to be in office 5 days a week even though only 2 are required, and it's been great for my productivity.
WFO in a shitty office is still a shitty experience, but an actually good office space is a productivity boost IME.