yeah that is my next step (replacing the tires) I checked them over and they are "usable" for now. The bicycle was stored in a shed near my parents lawnmower so it was close to gasoline for a few years which contributed to the bikes condition.
This is a list of what I have done...
Replaced the tubes
replaced the brake pads
replaced the saddle
cleaned the bike
adjusted the brakes, saddle position and handlebars
cleaned and greased the chain
I still need to replaces the tires, put something on the handlebars to make them more comfortable and get some kind of water bottle holder (and a hand pump for the tires (I am screwed if i am on a ride and I get a flat I have a spare tube and patch kit but no pump)
I like vintage steel framed road bikes too