If this one of "those" basses that routinely get trashed on this board, the cost of getting it fixed is probably more than the value of the bass. Nonetheless, you may want to have it checked over by a luthier to help you decide that question.
One option is to sell it to someone who can turn it into one of those double bass CD storage cabinets or bars. After all, does it not already have a "bass bar" ???
Example:
http://freshome.com/2008/01/29/contr...orage-cabinet/
Another practical solution from your friends at Talkbass.