Corrie cast members past and present have teamed up with the Royal Philharmonic Orchestra to record the album, which contains ten original songs composed by the award-winning musical writer Trisha Ward.
Billed as an "epic musical journey through 50 years of Corrie history", the disc will revisit some of the humorous and dramatic plotlines which have featured in the show over the past five decades.
One of the songs - 'If It's Too Late', sung by Weatherfield favourite Katherine Kelly (Becky McDonald) - will be released as a single to support the album on December 6.
Another track on the CD sees Kym Marsh (Michelle Connor) pay tribute to Elsie Tanner, while Rachel Leskovac (Natasha Blakeman) also features as she celebrates Bet Lynch's time on the cobbles.
Additionally, Brian Capron and Kevin Kennedy reprise their respective roles as Richard Hillman and Curly Watts for the album, while other cast members involved in the project include Bill Roache (Ken Barlow), Betty Driver (Betty Williams), Julie Hesmondhalgh (Hayley Cropper) and David Neilson (Roy Cropper).
Speaking of the CD release, Corrie's executive producer Kieran Roberts commented: "When I first heard that award-winning composer Trisha Ward wanted to celebrate 50 years of Coronation Street in music, I was intrigued.
"When I met Trisha and saw how passionate she was about the show and heard the brilliant songs she was writing, I very quickly became excited about the idea. Two years down the line, I'm thrilled this music project has come to fruition in such a wonderful album of original songs - it is without doubt a unique and fitting way to celebrate 50 years of Coronation Street."
Rogues, Angels, Heroes and Fools will be on sale exclusively at Tesco stores from November 29. It is also available to pre-order on the supermarket chain's website.