Take a walking tour through the historic district in Marine Park. Pick up a free map at the kiosk and just go! South Franklin Street is the main tourism district and one of the best shopping areas to find everything Alaskan, from cute and furry faux creatures (like iceworms) to handmade native crafts and expensive fine art. To ensure authenticity, look for the polar bear symbol for goods made in Alaska and the Silver Hand label for genuine native crafts. Along the tour you'll see renovated buildings dating from the early 1900s, the Davis Log Cabin (complete with historical photos), the Alaska Steam Laundry (now the Emporium Mall), the Senate Building, and the Alaskan Hotel and Bar.
One or two hours.