Iris & Ivy to close

Owner retiring, historic property is under contract

click to enlarge Iris & Ivy to close
PHOTO BY MICHELLE OWNBEY
Iris & Ivy has occupied 926 S. Seventh St. for the past 25 years, but the property is now under contract and the business will close before it changes ownership.

At 85 years old, Betty Salisbury says she’s finally ready to retire and close Iris & Ivy, the boutique she’s operated for decades.

“I started with $50 and a booth at the Country Lace craft mall,” she said of her initial venture with a few other ladies. “We were just looking for something to do. Then somebody from the craft mall told me they were redoing a house (where Incredibly Delicious is now located). Every room had a business in it.”

Salisbury relocated Iris & Ivy to a room inside the historic house at 925 S. Seventh St., and even when Patrick Groth purchased the property to turn it into Incredibly Delicious, she remained a tenant until 2000.

“When he bought the building, I was still there for years out in the carriage house,” Salisbury said. “Then I bought the building across the street.”

For the past 25 years, Iris & Ivy has operated out of 926 S. Seventh St., but Salisbury said she decided it was finally time to retire.

“I’m 85 years old, and I need a life,” she said. “I’m doing this all by myself, and it’s killing me.”

In January, Salisbury listed the 2,903-square-foot property for an asking price of $219,000 with Glen Garrison of Garrison Group Keller Williams. The Cranmer-Cook House, as it is known, was built in 1877 and is listed on the National Register of Historic Places. It is relatively unaltered and is one of a few intact examples of the simple hipped roof Italianate-style buildings remaining in Springfield.

Salisbury told SBJ she doesn’t know who the buyer is and an exact closing date has not been scheduled.

“I took in $5,000 worth of spring inventory, and within two hours the realtor told me there was an offer,” she said.

Garrison said the buyer is a limited liability company, but his understanding is that the new owner intends to occupy the property and invest a significant amount of money in renovations.

Salisbury said she plans to sell everything downstairs at 50% off and items located upstairs will be sold at an additional 25% off.

“Whenever I get out of there, that’s the closing date,” she said. “The fixtures and everything has to go.”

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