AroundMe let you find nearby locations quickly. This simple to use app directs you to the nearest banks, bars, coffee shops, restaurants, gas stations, hospitals, hotels, theaters, and more. It also gives you a three-day weather forecast.
Start AroundMe and it asks if it can use your current location as a starting point. It then gives you a list of different types of establishments. Tap on a category and it returns a list of those that are nearby. Make a selection, and AroundMe shows you a map with the route to your selection, as well as contact information. The Nearby feature shows Wikipedia information relevant to your location.
Note that AroundMe identifies your location via the GPS feature of your iPhone. An iPod touch requires an active Wi-Fi connection to find your current location and that is not always available. However, you can enter your location into the app and get better results.