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Default Parsing part of an address

I have excel 2003 and XP. I have a worksheet with some 50,000 entries.
Column E is an address field. Some 7,000 of the addresses have a suite
number in the format of
123 Main St # A
456 Elm St
789 Oak Ave # 44

I need to take delete the space to the left and to the right of the # and
place the value (the A and the 44 above example) into column F.

Is there a formula that I can paste and fill in column E (and if so, would
not return an error code in column F if the row in column E does not have a
# )? My skills are very, very basic and I do not know VBA .

thank you for your time

 
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