Originally Posted by
dnewnham
I am wondering if it is worth restoring?
What do you mean "worth" restoring?
Do you mean whether you can sell it for more than the restoration cost? Or whether you will have a good, rideable bike when you're done? If the latter, it partly depends on what you want/need.
Btw, don't just "throw some tires" on it and ride. Before you tide it, be sure that the bearings aren't dry. Riding dry/congealed bearings can quickly make the restoration include new bearings.