There is no storage/music.
It is just to use LMS for radio and Spotify, etc.
I suppose you could plug anything into the network that has storage, and Windows will see it, so will LMS.
Well, that’s pretty niche. I would check if someone had some local music they wanted to play before recommending that, perhaps.
Like a NAS 
Both the people I know doing this, use a Touch, and you can just plug a USB stick in, with your music on it, and away you go.
Can you do that with a Squeezebox?
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I had a Touch and tried it as it’s own LMS server. It struggled with more than a few dozen albums and even to me it sounded better when another machine was doing the work.
They are not using the Touch as the server.
I guess you mean accessing the music.
Maybe not ideal.
Uhh, Raspberry Pi?
I have a spare that I could set up, I imagine
They make a Pi case, that will take an SSD drive. Job done.