Reader Pedro shared a site he uses quite a lot:
MeetWays.com. The idea is to find a spot halfway between two locations to meetup. You key in both addresses and the type of spot at which you want to meet (coffee place, pizza, etc.). It ideally provides the "exact" halfway point (crow flies? road miles? time? I can't say - the help link failed) on a Google Map and local points of interest that match your needs.
I was not impressed with the results of my search for a spot between my house and the local ESRI office where I used to work. It provided an address far west of both locations as the "half way point." Further, when I searched for a "coffee" place, all of them were close to either my location or the office location.
Here are a few more to test out from
Free Geography Tools.
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