Rural Art Deco Maniototo has been looking into the extent and cost of work to save the facade of the distinctive, curved 1950s building.
The commercial property owned by Dick and Janet Parker was extensively damaged in a fire on March 8, thought to be the town's largest structure blaze in three decades.
The back of the property was cleared but the facade, which fronts on to the town's main street, remains.
Interested members of the public are invited to the meeting in the Ranfurly Town Hall, starting at 5pm, to discuss possible options for the site.
Community and economic development co-ordinator Amie Pont said it was important to get some sort of direction from the meeting "in a constructive way" about what people would like to see happen.
It would also be a chance for the community to discuss how it wanted to see the town develop.
"The focus of the meeting is the building, but we need to think about the importance of art deco and what it does for tourism in this area and [for] economic viability. It's always good to get the bigger picture," she said.
Mr and Mrs Parker have decided against rebuilding and were happy for the art deco group to carry out a feasibility study of the site.
Art deco chairwoman Diane Paterson described the building in May as a "significant" art deco building.
