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I think you are spot on with those suggestions, and they match my ultimate idea for the bike. I’m notoriously reluctant to spend money, so I tend to upgrade when parts show up at an enormous discount, or gifted to me. Short term changes will include black bar tape to replace the re-wrapped stuff on there now, and gumwall tires(I’m really quite fond of Panaracer, so maybe the 26mm gravel king for a bit of protection).
Steerer was cut when I got it. I think I could get away with a 0 degree stem, but the rise on this one is good for now until I can replace it with a shiny one to match the post.
Regardless, this will be a fun project to work on, and ride of course.
Nice find, good start.
Did you cut the steerer then flip the stem for more rise? I get why some people do this but it might look better if the stem was a little less fussy (or white?). Something clean and silver to match the seatpost maybe with a silver spacer/top cap would look good. Black bar tape, a pair of king stainless cages and 25/8c gumwall corsa's and you're good to go! Other opinions are available...
Or sell a kidney and copy this