I am going to see this bike tomorrow... this is an eleven year old bike... does it seem like a good deal, or no deal?

1997 52" Bianchi 14 Speed Road Bike $260
5000 miles estimated ridden
shimano sante designer component group
some nicks and scrapes
custom wheels with campy rims, straight-laced spokes
clipless pedals not included
front tire worn and needs replacing.