It appears to be repairable but it is going to get expensive. Don't buy it expecting there only to be $5K in repairs. Could be lots of expensive hidden damage. Frankly, for the price they would have to sell the car for it would be better to part it out.
Salvage title is a big problem in many states. Some states will let you register a vehicle with a salvage title, others won't unless you can provide documentation that it was repaired with all OEM parts at a registered body shop. Salvage may remain on the title which plummets the value of the car. If you're building a track car that may be no big deal if you never intend to register it.
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