We present a detailed analysis of the gas conditions in the H_2 luminous radio galaxy 3C 326 N at z ~ 0.1, which has a low star-formation
rate (SFR ~ 0.07 M_⊙ yr^(−1)) in spite of a gas surface density similar to those in starburst galaxies. Its star-formation efficiency
is likely a factor ~ 10−50 lower than those of ordinary star-forming galaxies. Combining new IRAM CO emission-line interferometry
with existing Spitzer mid-infrared spectroscopy, we find that the luminosity ratio of CO and pure rotational H_2 line emission is factors
10−100 lower than what is usually found. This suggests that most of the molecular gas is warm. The Na D absorption-line profile of
3C 326 N in the optical suggests an outflow with a terminal velocity of ~−1800 km s^(−1) and a mass outflow rate of 30−40 M_⊙ yr^(−1),
which cannot be explained by star formation. The mechanical power implied by the wind, of order 10^(43) erg s^(−1), is comparable to the
bolometric luminosity of the emission lines of ionized and molecular gas. To explain these observations, we propose a scenario where
a small fraction of the mechanical energy of the radio jet is deposited in the interstellar medium of 3C 326 N, which powers the outflow,
and the line emission through a mass, momentum and energy exchange between the different gas phases of the ISM. Dissipation times
are of order 10^(7−8) yrs, similar or greater than the typical jet lifetime. Small ratios of CO and PAH surface brightnesses in another 7 H_2
luminous radio galaxies suggest that a similar form of AGN feedback could be lowering star-formation efficiencies in these galaxies
in a similar way. The local demographics of radio-loud AGN suggests that secular gas cooling in massive early-type galaxies of
≥ 10^(11) M_⊙ could generally be regulated through a fundamentally similar form of “maintenance-phase” AGN feedback
