I always liked these little Transaxle Wagons with 1/2 a 389 under the hood. http://philadelphia.craigslist.org/cto/3688984387.html
Definitely don't remember seeing that color on a tempest wagon. Neat little wagon though. Looks like it could be pretty nice redone.
I wonder about the colour, as you would not normally see a red and white car with a blue interior. Red, yes but not blue. Other than that it looks pretty solid and complete. Could be a neat little wagon, too.