This bike frame is in good shape, a lot of small paint chips but no dents or major rust. The headset spins well, but may need fresh grease. The geometry is pretty relaxed, almost like a touring bike. Would make a sweet commuter or day trip bike.
It was running 27 wheels so it should have clearance for 700x28 tires with fenders easily, possibly 700x32 or so without. Specs: 49cm seat tube (c-t) 54cm top tube (c-c) 70mm bottom bracket shell 26.6mm seat post diameter Chromoly main tubes, butted hi-ten steel fork I measured the rear hub spacing at 128mm, measured with a ruler so it may be +/.Feel free to ask any additional questions via message.