Situated at the prominent intersection of 50th Street and Highway 2A, directly across from Olds College, this charming 1920s heritage-style home offers a unique combination of historic character, excellent visibility, and future potential. Rich in charm and architectural character, this beautifully maintained and thoughtfully updated home offers a glimpse into Olds' history while providing many of today's modern comforts. Featuring 4 bedrooms, 2 bathrooms, updated windows, granite countertops, and a flexible floor plan, the home combines old-world craftsmanship with practical everyday living. The inviting front porch provides the perfect place to sit back, relax, and enjoy the surroundings, while the mature, park-like yard features established trees, perennials, and lush lawn, creating a welcoming outdoor retreat. Situated on a generous 0.32-acre corner property, there is plenty of room to enjoy the outdoors. Whether you're drawn to its character as a residence or recognize the possibilities associated with its location and land use designation, this is a property that deserves a closer look. Currently designated MUN (Mixed Use Node) under the Town of Olds Land Use Bylaw, the property offers flexibility beyond traditional residential zoning. Prospective purchasers are encouraged to review the MUN district regulations and consult with the Town of Olds Planning and Development Department to explore permitted and discretionary uses. Adding another dimension to this offering, a proposed subdivision is currently under review by the Town of Olds, with the intention of creating an additional parcel. The property is being marketed as a package, presenting purchasers with the potential benefits of both the existing character home and a future separately titled parcel, subject to subdivision approval and registration. With its high-profile location, proximity to Olds College, established surroundings, and evolving development potential, 4606 50th Street represents an intriguing opportunity for homeowners, investors, and entrepreneurs alike.