If it's local just grab it and give the man a six-pack of beer.
Not necessarily to restore, but just to build up a parts stash for a future find / restoration.
Seat-post may be stuck, so the frame could be a gonna. Forks and headset well worthy of keeping. Rims probably steel, so not the best, but if the tyres are still good they would be usable. Keep all other parts.
The aim here is to clutter your shed, garage, hall-way, living room, and then bedroom with bike parts you may need in 20, 30 or 40 years from now.