Yes, a 1/4HP motor on 110VAC is no problem...about 3 amps.
Ryanol;
OK, that helps.
Unmount the grinder from the forward slide and keep all that sliding and feed hardware for some neat future project ( or ship the slide/feed to me and I'll build something with it).
Mount the grinder plate on a work table with the motor downward.
Place a platen behind the upper part of the belt . The platen can be made from a piece of 3"X1/4" angle iron. Drill holes and tap them in angle iron, and mount from the plate side with bolts. Make the holes in the mounting plate slotted to allow adjustment of the platen. A pyroceram face would be a good idea,too.
Mount a 3/4" thick by 6" wide by 12" long piece of steel on the mounting plate in front of the belt. Use hand wheels ( bolts with knobs) and slotted holes from below to move this plate in and out so you can change belts and adjust the belt clearance.
This modification will make a low power horizontal grinder that will do sanding on scales and such. At .19HP it will stall if any real pressure is applied to the belt, though, so you will have to change the motor to do much with it.
The motor looks like a "C" face, so hopefully that can be changed fairly easily. You can change it to a 3/4HP 3Ph and a VFD controller for about $250-300 plus about $50-100 for the above modification....or buy an entry level 2X72 knife making grinder for about that.
Its a shame you live so far away, I might be willing to set you up with a motor and controller in a trade for that rig. There are some possible applications for it as is.