You should be able to buy a full ‘crate” motor from an engine rebuilder, and some auto parts stores can get it for you. It’s all going to depend on how much you love that truck and how much you want to spend on it.
A short block is the engine block without the heads or intake manifold. A long block is the engine block, and heads. If you are looking for parts compatibility, then it’s a matter of finding out what vehicles used the same engine and transmission in your truck. 1994 was pretty much the end of the TBI motors. The transmission is the 700R4, and that can be found in any large V8 powered GM, though you have to be careful on some differences, most notably if you have 4wd, you can’t use a transmission out of a 2wd vehicle.
In regards to rebuilding what you have, it’s a matter of finding a reputable builder near you. I found a guy on Craigslist that rebuilt my transmission and reinstalled it for under 1300 and he gave me a 3 year warranty, plus upgraded some internal parts. Been rock solid for me for the last 5 years. He was terrible to work with, but his work speaks for itself. Do a little research before jumping in if you aren’t well versed automotively speaking.
Engine rebuilders, you can spend big bucks and go with a Jasper remanufactured engine and transmission. They have a network of shops that will do your installs for you and back up their product very well..but you pay a little more for the peace of mind. Jasper Engine/transmission rebuilding website
I had a bad experience with an engine rebuilder…they rebuilt the engine fine, but the rear main seal started leaking shortly after the second round with them, and the second round with them was because the block was cracked on both sides and leaked coolant…. They took care of me with no extra charges, but took forever and my stereo system got stolen while in their possession the second time….sigh. Oh, and they installed a clamp wrong which took out my fan belt, which wrapped around my transmission cooler lines and left me stranded in a different state. So, no matter what, you will always want to double check the work of anything that happens this major….even the great transmission experience I had, they didn’t tighten up the rear transmission mounting bolts all the way.
Boy, I’m making this sound complicated…but it’s not…this kind of thing happens every day and we are all human.
The best tool you have in your arsenal is your brain, and access to information. Gather up as much as you can before making a decision on which direction to go.
As far as other things to consider when replacing the engine/transmission? I’d put in a new radiator and hoses for sure, and motor mounts…take care of any of those pesky things that are easy to replace now that the engine is out. Put new U joints in the driveshaft and maybe consider having the rear end gone through and get your end play figured out…at the very least, pull the differential cover of and replace the fluid..look at those spider gears and think about replacing them if they show any wear ( super easy to replace…just watch a video and pretty cheap in comparison to replacing a blown out rear end ).
I’d buy new ground straps as well, since bad grounds will have you hunting demons if it doesn’t fire up and run great. Also consider replacing the fuel pump if it’s an original ( and use a Delphi or GM brand…you’ll thank me later ).