Visual studio 2017 not treating csproj as a valid project file after conversion from netstandard to framework

The following was done in VS Enterprise 2017 15.8.2. I had converted a .NET Framework project (C#) into netstandard and then had to convert it back due to a build issue. The conversion was done by restoring a previous commit from git. However, now VS does not recognize the project as a valid project. The linked unit test project generates the warning

the referenced component '< project name >' could not be found.

Attempts to view the project properties produces the error

An error occurred trying to load the project properties window. Close the window and try again. Member not found. (Exception from HRESULT: 0x80020003 (DISP_E_MEMBERNOTFOUND))

The build selection options disappear from the build menu and the build/debug options are gone from the project context menu. The dependencies node of the solution explorer is empty. I have seen other posts in which people describe a similar condition that is resolved by either reopenning the solution or changing the mode of vs to a different type of development or deleting bin/obj. None of these worked, nor a full reboot. Given that this project file used to be framework I suspect there is something cached somewhere that is covered by my .gitignore which needs to be deleted.

Ran into the same issue myself. Appears to be an issue with the solution file. I removed the project from the solution then added it back again. This cause VS to recognize this as the correct project type. Hope this helps somebody else from spending too much time on this issue.