I went to test drive it and ended up deciding to take it. Everything was in good condition. Slightly dusty, but no rust. Nothing felt loose. The gears were smooth. The wheels were a little flat, but that was taken care of in just a few seconds.
Not only that, but it got my SO excited and we actually ended up getting her one too.
It would mostly be used to driving around near out house. We would still need to use our car to work. It is a long trip which we are hoping to get out of within the next 1-2 years by finding a good deal on a house closer to work. Thankfully we can carpool so we only use half the gas. However I want to switch to using the bikes to do anything like going to get groceries, going by the bank. All of these things are within biking distance of us.
Ooeei, thanks for the advice. I understand something from a bike shop might be less maintenance possibly, but another benefit I do have is that due to riding a bike throughout all of my youth I can do most small repairs. I can change the chain, fix or change most minor tire issues and maintain/replace the brakes. Unless it would take a mayor repair, which I can't see happening unless I do something reckless with it or get in to an accident that shouldn't be happening.
My main concern was more about the type of bike given the one I posted is closer to what I rode throughout my youth, I mostly rode town/city style and mountain bikes.
It seems the reason he was willing to let a bike that was worth 4-5 times more new and was less than a year old go was because he was moving to Japan for 2 years.