Hi,
The paint that is on it at this time needs sanded to remove all loose paint. As far as repainting it, it really matters how nice you want it to look. I don't see how a touch-up pen work. I would sand it, prime it (you could use spray cans for that) and then wet sand it using at least 600 grit paper. Once it is dry, you should use a spray gun designed for painting vehicles. As far as paint, you can use a base/clear coat or use a simple single-stage urethane. That would be the least expensive and quickest way to do it.
Let me know if that helps or if you have other questions.
Take care,
Joe
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Tuesday, December 8th, 2020 AT 4:23 PM