I would say the HT/frame damage is pretty bad, I would not ride it or feel good selling it to someone who might. Probably will not fail casually pedaling the hood but if you were doing some speed and hit any decent crack, hole, heave that bottom tube could fail at a minimum of a nasty wreck if wheel came back further. You could salvage all those parts and use for future projects which is what I would do or sell as is w/ disclaimer.