Comments:
50 Queen St. is a three story brick and stucco house from approximately 1890, with 12' ceilings. 50 Queen has a retail unit on the first floor and 5 apartments. The historically significant main building comes with lots of off street parking spots . Attached are detailed drawings showing the SF of each unit, the paved basement, and parking areas. This property easily could be converted to condominiums. Other possibilities include a bed and breakfast, or conversion of portions back to a dramatic single family mansion house. This property is only 1/2 block from the Mills House Hotel and 3 blocks to the hotels at the Waterfront Park which is at the end of the street. You can see the Waterfront Park from the front of the property. No facade easement has been taken so there is potential for large tax write-off. Rental history is near 100% because of location location location and off street parking. Financials will be provided to all serious inquiries, but is currently grossing about $180k.(Total 46&50 Queen) Can be combined with 46 Queen St. next door. Both properties have high elevations allowing them to have fully paved basements which provide all the space necessary to run a B & B or for maintenance areas. Seller is a broker. Much of this property has been owned by the family for over 100 years. This is a true gem of a property with unlimited potential. 50 Queen: 1st floor front currently used has a salon. 500 sqft, 1 bth,. Entry from Queen St., First Floor Unit 8: Entry from the back of the property. 1- Br, 1- bth. Liv,rm., Unit 9: Hall entry, 1- Br, 1- bth. Liv,rm.,eat in kitchen, Second Floor Unit 10: 2-Br, Liv. Din combination, kitchen, 1 bth. Unit 11: 2-Br, Liv. Din combination, kitchen, 1 bth. Third Floor Unit 12: 3- Br, large living rm, kitchen, dinning. Basement: 1356 sqft paved but not finished. SELLER FINANCING IS A POSSIBILITY WITH SIGNIFICANT DOWN PAYMENT.

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Schools:	Elementary: MEMMINGER   Middle: COURTENAY   High: BURKE
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Frank Carrese Agent fcarrese@aetrealestate.com Cell: 43-670-5070

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