With one of those Baja kits it would make a great little commuter bike, as long as you didn't have to do prolonged freeway cruising.
I would not turn this to a street bike, it would suck to ride on the road, and adding all that extra crap would make it suck on trails.
Drop that price to $2500 or is no one here looking for a bike?
or just use your atlas fund...
Still have it, had a good friend/mechanic look it over, we could not get it to start, he said it might just be a new spark plug or it might need a full carb clean/fuel lines etc.
Droping the price to $1,650 figure it will cost $300 or so to get it running.