New to Model A and in a Pickle

[Chris28SC]

My great uncle restored a 28 Sport Coupe in the 70's. He passed in 1991 and the car has mostly sat since then. A couple years ago, my cousin took it to a restoration shop to get it running again. The motor was stuck, but they were able to get it freed up. They also cleaned and sealed the gas tank and cleaned the radiator. My cousin quickly realized that she could not afford to pay a shop to do all of the work, so it sat for a couple more years. Through a turn of events, I now own the car.

While degreasing the motor to paint, I noticed anti-seize on the head nuts, so I suspected the head had been removed. I grabbed a wrench and the nuts were just snug tight. I pulled the head and found pitting about halfway down the wall of cylinder #2. The other three cylinders all look good. What are options for this? Am I looking a full rebuild? Is the block trash?