I pulled the Bridgstone out of the shed to take a look at it and wound up taking it apart. It was given to me by a co worker who said her brother fell on it years ago and never had it fixxed. The rear rim is bent to one side and the derailleur portion of the right drop out was bent inwards. I was able to straighten it and the dropout back in line. The rim will need some attention. After taking it all apart , it looks to have been ridden very little.

Finished up the cleaning, re greasing and new cables. Took it for a few mile ride and am very happy with how it runs. It's quite quick and handles well. I have my spare wheel set on it for now as the original rear wheel has a nasty bend to it. Will try to address that soon. Any suggestions or comments would be cool.

Nice bike I have 1986 400 in the same color I took for it's first spin yesterday. It's a little small for me , but like you said a nice riding bike.

My paint and decals aren't as good as your bike unfortunately, but I only paid $15 for it as the previous owner was cleaning up space in preparation for moving.

The 400 is a bit better than mine as well. This one was free but had a bent rear rim and right dropout . Fixxed the dropout but the rim , I did not mess with yet.

I'm not sure how I missed it but mine doesn't have the white on the back half, but other than that the colors look very close.

You can't beat free.