The optical properties of a dimer type nanoantenna loaded with a plasmonic nanoring are investigated through numerical simulations and measurements of fabricated prototypes. It is demonstrated that by judiciously choosing the nanoring geometry it is possible to engineer its electromagnetic properties and thus devise an effective wavelength dependent nanoswitch. The latter provides a mechanism for controlling the coupling between the dimer particles, and in particular to establish a pair of coupled/de-coupled states for the total structure, that effectively results in its dual mode response. Using electron beam lithography the targeted structure has been accurately fabricated and the desired dual mode response of the nanoantenna was experimentally verified. The response of the fabricated structure is further analyzed numerically. This permits the visualization of the electromagnetic fields and polarization surface charge distributions when the structure is at resonance. In this way the switching properties of the plasmonic nanoring are revealed. The documented analysis illustrates the inherent tuning capabilities that plasmonic nanorings offer, and furthermore paves the way towards a practical implementation of tunable optical nanoantennas. Additionally, our analysis through an effective medium approach introduces the nanoring as a compact and efficient solution for realizing nanoscale circuits.