Miles on a vehicle are like hours on a tractor....great for determining when to perform maintenance but don't have much to do with determining condition.
Since it's been sitting so long that truck will need tires, brakes, battery, fluids and filters, hoses and belts, carb rebuild, fuel pump, tune up, etc...which are all inexpensive items.
I wouldn't be worried about 136K mile on a 223 six cylinder. I opened up a 215 (earlier version of the 223) with many more miles than that just out of curiosity. The crank was like new, the bearings in excellent condition. There was very little cylinder wear.
The OP could buy the truck and have a reliable daily driver for $1800 + or - if he can do the mechanical work himself, then chip away at fixing the rust one spot at a time.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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