What tools would any self-respecting hackerspace have:

Basic Tools

• Simple vacuum former
• Soldering stations
• MIG
• Oxyacetylene rig
• Circuit board etching
• Drill press
• Oscilloscope
• Sheet metal bender and whole punch (used these in College)
• Sewing machine

Pie in the sky wishes 

• Stereo dissecting microscope
• CNC router
• 3D fused deposition plotter (Let's build a reprap!)
• Plasma cutter
• Logic analyzer
• Laser etcher/engraver
• Aluminum/bronze casting furnace (another thing JohnSmith is building)

Software

• Circuit design and board layout

Supplies

• Connectors
• Solder
• wire
• cogs, pullies, belts
• metal stock
• Basic electronics (resistors, capacitors, diodes, etc.)