There are at least seven important buildings adjacent to the Red Square, including the Kremlin, Lenin’s Mausoleum, Saint Basil’s Cathedral, the GUM department store, the State Historical Museum, the Kazan Cathedral and the Iberian Gate and Chapel.
Old photos of people lined up around the Red Square to shop at the GUM are etched into many people’s memories, and those who remember those images are often surprised to see how Moscow’s GUM has now been transformed into a luxury shopping center with brands like Bulgari, Chanel and Gucci.
With the city’s official Troika card, a single trip on the metro is only 40 rubles, and you can get on and off the train as many times as you want (just don’t leave the station!).
The market area consists of the “Izmaylovo Kremlin”, a reproduction of a traditional Russian town that is packed with market-style souvenir stalls and shops, the “Izmaylovo Market” itself, which is an antique fair and flea market that is best visited on the weekend, Izmaylovo Park, which I didn’t visit, and Izmaylovo Hotel, which used to be the world’s largest hotel (and still draws bus loads of domestic tourists who come to shop the market).