An optical spectrum of the star V1648 Aql (= IRAS 19386+0155) was obtained at the 6-meter telescope with a spectral resolution of R≥ 60 000. Heliocentric radial velocity measured from numerous metallic absorptions is equal to V r =10.18±0.05 km s −1 (V LSR =18.1 km s −1 ). We determined the atmospheric, circumstellar, and interstellar components in the profile of the Na I D lines at V r =9.2, −3.4, and −12.8 km s −1 respectively. The averaged over twenty identified DIBs velocity V r (DIBs)=−12.5 ± 0.2 km s −1 coincides with the interstellar Na I component. Weak emissions with an intensity of about 10% of the local continuum level were detected in the spectrum; they are identified as low-excitation metal lines. Their averaged position, V r =8.44±0.28 km s −1 , may point to the presence of a weak velocity gradient in the upper layers of the stellar atmosphere. Based on the spectroscopic data and taking into account the interstellar and circumstellar reddening, we estimated the star's luminosity M V ≈ −5 m and also obtained the lower estimate of distance d≥ 1.8 kpc. Using the model atmosphere method, we determined the fundamental parameters and chemical abundances in the atmosphere approving the status of a post-AGB star for V1648 Aql.