If you wanted to buy it and it literally hasn't run in 35 years, this is what I would do*:
Get owner's permission to do the following.
Get an experienced *engine* mechanic to accompany you, unless you are one. Not a run of the mill aircraft mechanic, an engine shop guy.
Bring a borescope, mirror on an extendable stick, basic toolkit.
De-cowl the plane, drain the oil and pull the drain valve, pull the plugs and rocker covers.
Pop the governor (if applicable), magnetos, mag drive gears (remember what angle they were at!) and throttle body, inspect all you can see for corrosion.
Inspect all you can see.
Inspect the cam and crank as best you can via the oil drain and filler holes. Inspect the accessory gears through the magneto holes.
You'll be up for re-timing the engine and a few hours labour, but I would never buy it without doing some serious inspection like this.
If you want to pull a cylinder, even better.
Unless you're very lucky, I would bet something is rusted to hell. Either that, or everything metal will be totally fine apart from a light patina.
If anything is rusting continually, 35 years is long enough to make a real mess of whatever part is corroding away.
Any plastic and rubber seals will probably have perished / vulcanised / degraded in some way during that time. The seals at the front of the crankshaft for instance, they might not be in good shape. Also the rubber bits around the pushrod covers. That is the other main thing I can think of.
* I am not an engine expert, just a home-builder / mech engineer.